First Financial  
 

Ready to Start a Sex Toy Business? Use These 5 Initial Steps!

 While starting a business is riskier than joining in an already established company, some just have the entrepreneur bent.

Research has shown that entrepreneurs regard building their business as their fun. Perhaps that’s why they work 18 hours each day. Also keeping them in the go-go startup environment is the fact that they’d rather take a pillow to the head than enter a bland corporate cubicle farm. It takes all kinds, and it takes another kind all together to start a sex toy business.

A sex toy business involves lower overhead than most. Because manufacturers operate overseas, cost of goods is reasonable. Getting these products to the American audience requires having parties or building an ecommerce site. With Americans’ sexual values becoming more liberal, the future of the sex toy business is bright. Follow these steps to start your sex toy business.

  1. Consider Starting Small

Starting small ensures your capital lasts long enough to spread the word about your business. Starter kits include sexual products like lubricants, dildos and vibrators. Clearly, these appeal to women, but men buy them for girlfriends as well. They are also widely accepted, lacking the squeamishness that comes from the more hard-core products. Review both U.S. and international manufacturers for prices.

CAUTION: If you do start with a website, keep in mind that you can’t sell your products at a price lower than what your manufacturer, distributor or representative sells them for.

2.  Pick Your Niche

With the extent of sex toys available in the market today, finding a niche could be your quickest route to profit. Consider certain angles like all-natural products or essential oils to corner a small but under-served market. Expand from there.

For example, if you want to sell nontoxic and eco-friendly sex toys, you can choose the rechargeable, wood and glass or 100% medical grade silicon sex toys. Themes like LGBTQ, BDSM and others help consumers understand when they’ve arrived at the destination that meets their needs precisely.

  1. Use Private Labeling to Build Your Brand

Most sex toy businesses put their unique, quality logos on the sex toys they purchase from manufacturers and distributors. By lending an air of exclusivity, private labeling leads to higher margins and loyal customers.

Some manufacturers have a selection of pre-made designs that can save you money, but a professional design from a graphic artist could result in more profits. Manufacturers and distributors are accustomed to integrating your design files with their products and packaging. Creating a unique brand is one of the most fun parts of becoming an entrepreneur.

bare-chested man ready to start a sex toy business

  1. Build Your Authority by Educating Yourself on the Industry and Sexuality in General

People are far more comfortable buying from companies with strong, informed leadership at the helm. By empowering yourself, you empower and enlighten your customers. They will appreciate you for it.

Consider how you will create guidelines and provide sex education, an aspect of life that is only touched on superficially in American high schools and very inadequately in magazines. Follow product trends as well so that you can bring the most useful devices to your target market before they hear about it from other vendors.

Most importantly, learn about legal issues you might encounter. More legal entanglements exist in this industry than most.

  1. Think About Business Location

Products that display naked body parts and sex toys have a way of raising the ire of consumers in certain areas. Groups may have managed to make businesses in the sex toy and sex service industry illegal in certain states, counties and cities.

Start by checking with your city’s planning department. Then go to the state level to explore whether you need permits to run your business. You‘ll need to note the specifications required for getting the permit. A Sandy Springs Georgia ordinance, for instance, reads that any “device designed or marketed as useful primarily for the stimulation of human genital organs is obscene material.” The whole state of Alabama has outlawed sex toys. If your ecommerce business exists in an area where sex toys are outlawed, your only choice could be moving.

  1. Set Up Revenue Collection Methods

Those with ecommerce businesses and even those without will increase sales and profits if they accept credit cards. Today, 80% of consumers use debit and credit cards to pay for items they purchase. Just 17% use cash and 3% use checks. Businesses operating strictly on the internet—ecommerce—must take some form of plastic to make any sales whatsoever.

Know now that lenders consider the sex toy and any adult-related business to be “high-risk.” It’s not the end of the world, just the news that you will need to pay a point or two higher than your entrepreneurial medical claims, senior services or accounting services counterparts.

First Financial helps business owners get the cash they need at the most competitive rates. Thrilled to be operating in the low-cost, fast-moving digital era, we set up and help you manage your business loan or merchant services account 100% online. A+ rated First Financial specializes in high-risk merchant accounts. Simply click here to apply and you’ll be able to start taking credit cards within 48 hours!

Comments are closed.

  • Recent Articles

  • First Financial
    5.0
    powered by Facebook
    David Mitchell
    David Mitchell
    2017-11-17T20:18:57+0000
    Tara Rae Doran
    Tara Rae Doran
    2017-11-09T01:40:05+0000
    I was in a really tough situation and First financial was able to help me out quickly without effecting my credit score.
    George Gill
    George Gill
    2017-11-07T23:07:32+0000
    Kate Hughes
    Kate Hughes
    2017-10-25T23:50:10+0000
    First Financial was extremely friendly and took a lot of time to explain the entire process, making it much less daunting from the beginning. Thank you!
    Bill Burns
    Bill Burns
    2017-10-18T16:32:57+0000
    My Friend Amber recommended me and Im glad she did these guys are great! I would recommend my friends too!
    Lara Lu
    Lara Lu
    2017-10-14T02:49:18+0000
    First Financial made me feel welcomed, comfortable and answered all of my questions. They are very professional and willing to help others. I would highly recommend them!
    Justin Petix
    Justin Petix
    2017-10-11T20:00:21+0000
    First Finacial was really there for me when I need a small loan to start my business. Thank the staff especially for me! Fast and easy, made me feel like family.
    George Jordan L
    George Jordan L
    2017-10-11T18:04:04+0000
    Seems like a great service for people in need of emergency money.
    Kenneth Bolam
    Kenneth Bolam
    2017-10-07T20:00:54+0000
    First Financial is awesome. Helping people find loans for bad credit and low credit score borrowers.
    Amber Dawn
    Amber Dawn
    2017-09-28T05:39:51+0000
    First financial have been flexible and accommodating to my needs . When I lost my job they were very understanding and assisted me with lower payments until I was back on my feet financially, it really made life easier . I would highly recommend First Financial to anyone for not only their very competitive interest rate but unbeatable customer service !!!!
    Fernanda Moreno
    Fernanda Moreno
    2017-09-25T19:41:09+0000
    **** Thank you **** First Financial is a great company, excellent. I will recommend friends and family to your company.
    Ana Sandoval
    Ana Sandoval
    2017-09-25T19:00:40+0000
    Loved this company!!! It gave me a quick answer and help !!! Thank you
    Monique Saldana
    Monique Saldana
    2017-09-25T17:27:04+0000
    This company is awesome. If you want money fast and easy this is the place to go. Keep it up First Financial !
    Mercado Campestre
    Mercado Campestre
    2017-09-25T17:14:55+0000
    We love this company "First Financial" Thank you very much for you excellent service!
    Norma Rodriguez
    Norma Rodriguez
    2017-09-25T16:53:38+0000
    We have had a great experience with your company, they really help you when you need money on time !
    Nohemi Salas
    Nohemi Salas
    2017-09-25T16:38:13+0000
    Great & professional company! Quick to respond and not based on credit score! Thanks first financial!
    Festy Glam
    Festy Glam
    2017-09-25T06:25:32+0000
    We have had a great experience with your company, they really help you when you need money on time. Thank you !!!
    Monica Saldana
    Monica Saldana
    2017-09-25T06:21:45+0000
    First financial is such a great company! Easy and fast!!! I recommend!!! �
    Stephanie Saldana
    Stephanie Saldana
    2017-09-25T03:23:27+0000
    Thanks First Financial for my loan. I'm so happy with the the company for approving me so fast and easy. Had a great experience with you.
    Carol Casas
    Carol Casas
    2017-09-25T01:32:03+0000
    First Financial helped me get a loan with no hassles and very honest company, try them out
    Joe Saldana
    Joe Saldana
    2017-09-25T01:27:28+0000
    Thanks for the money First Finacial it was a fast and easy to work with your company.
    Cynthia Castañeda-Collazo
    Cynthia Castañeda-Collazo
    2017-09-25T01:20:12+0000
    I got my cash fast in my bank account applying online you guys are great!
    Karla Gomez
    Karla Gomez
    2017-09-25T01:07:18+0000
    Alex Salbar
    Alex Salbar
    2017-09-25T00:58:02+0000
    3. My family is happy that First Financial gave us home loan approval, now we can start looking for our dream home thank you god bless.
    Victor Berumen
    Victor Berumen
    2017-09-25T00:45:27+0000
    1. Thanks First Financial for geeting me approved for my auto loan fast and easy. �

First Financial

First Financial ® Corporate Headquarters 2850 Womble Road Suite 100-604 San Diego, CA 92106

Client Service Center: Main: 1-800-315-7791 Fax: 1-800-215-0217 (Monday–Friday 5:00am–6:00pm Pacific or 8:00am–9:00pm Eastern)

Merchant Services / High Risk Merchant Accounts: 1-800-950-0212 Fax: 1-800-215-0217

 

First Financial® is a Federally Registered Trademark

©1994-2017 First Financial®, All Rights Reserved. All other products and company names are trademarks of their respective companies.